A study of working capital management in GV Film ltd.

, Chennai
Under the esteemed Guidance of Mr. G. HaranathM.Com., M.B.A., PhD

Introduction
The workingCapital management involves the administration of current assets and current liabilities of a firm. working capital is a continuing function which involves controlling of every day transaction and flow of financial resources circulating in the business Working capital is the excess of current assets over current liabilities . __ J. S. Mill.

Types of working capital 1.Regular working capital 2. Variable working capital

Industry Profile
Film Industry
The film industry consists of the technological and commercial film making i.e. film production companies, film studios, Cinematography, film production, screen writing, preproduction , film festivals, distributions and actors. The birth of Film Sound Era Block buster and video tape. 2000s.

Company Profile
GV Film limited burst into the Indian film market in the year 1989.the main objective of the company was production and distribution for future films in various languages. This is the first company in the movie business and having shareholders through the length and breadth of India.

Promoted By
Mr. G. Venkateswaran.

The company mission to produce films and TV Serials in various languages. The company vision is to produce the films and TV Serials in various languages and also to send a good messages to people.

Research Methodology
The data were collected from secondary source. The secondary were obtained from the published annual reports of GV Films 2004-2007. The collecting the data were analyzed by changes in working capital, cash, inventory, liquidity ratio.

Objectives
To Study the various changes in working capital of GV Film ltd.,
To study the working capital management with regards to cash management. To study the working capital management with regards to inventory management To study the liquidity position of GV Films.

Limitations
The study will be only provision are based on the data collected from the published annual reports during the year2004-2007.

Findings
The net increase in working capital during the year2004-2005 is 3043262 The net decrease in working capital during the year 2005-2006 Rs. 688498223 The net increase in working capital during the year2006-2007is Rs. 1228541849. Cash and bank balance variation between 0.6 times in 2004-05,8.9times in 2005-2006and 39.98times in 2006-2007 .the company yearly increasing in the bank balance. The total investment in inventory has been decreased in 2004-2007,itindicates poor performance in inventory management.

Suggestions
The cash ratio is of the company is satisfactory through the period of under the study, because in all the year cash ratio is the standard. Hence it is suggested that to maintain the same level cash management. the net increase in working capital during the year2004-2005, the net decrease in working capital2005-06 and net increase in working capital 2006-07. I suggest that the net working capital to improve the 2007-08. The total investment inventory has been decreased from 2004-2007, it indicates poor performance in inventory management. I suggest that to improve inventory.

Conclusion
After over all evaluation if the working capital management at each and every aspect of the GV Film limited, cash management is good maintaining, inventory management is decreased every year that was it indicates poor performance, working capital management also good performance.

Thank Q